EnviroSpark
Overview
EnviroSpark Energy Solutions is a leading provider of electric vehicle (EV) charging solutions, based in Atlanta, Georgia. Founded in 2014 by Stephanie and Aaron Luque, the company has quickly positioned itself as a pioneer in the EV infrastructure space. EnviroSpark specializes in the design, installation, and operation of charging stations, serving residential, commercial, and governmental sectors. As of 2024, the company has raised a total of $65 million, with its most recent funding round in May 2024 led by Basalt Infrastructure Partners.
Recent Developments
EnviroSpark has seen significant growth and expansion, focusing on partnerships and strategic investments to bolster its EV infrastructure across North America.
- September 2024: EnviroSpark partnered with property management company AION to deploy EV charging infrastructure across 58 properties in states including Pennsylvania and New Jersey. This initiative is part of their strategy to enhance multi-family property charging accessibility.
- May 2024: The company closed a $50 million investment from Basalt Infrastructure Partners, aiming to expand its charging network across the U.S. and innovate its EV technologies.
- April 2024: EnviroSpark capitalized on job cuts at Tesla's Supercharger team, hiring several former Tesla employees to accelerate its own growth plans.
- March 2024: Joined forces with IHG Hotels & Resorts to provide EV chargers at over 4,100 hotels across the U.S. and Canada.
- December 2023: EnviroSpark announced plans to integrate North American Charging Standard (NACS) connectors into its network, enhancing compatibility and driver convenience.
- October 2023: Built DC fast chargers at Waffle House locations in Georgia, broadening its reach in innovative public-private infrastructure projects.
- September 2023: EnviroSpark expanded its leadership with the hire of Nicole Lewandowski as Senior VP of Sales, highlighting its focus on industry expertise to navigate the competitive EV market.
Company Information
| Attribute | Information |
|---|---|
| Founding Date | 2014 |
| Headquarters | Atlanta, United States |
| Founders | Stephanie Luque, Aaron Luque |
| Revenue | $65.6 Million |
| Key Investors | Ultra Capital, Basalt Infrastructure Partners |
| Industry | EV Charging Solutions |
| Number of Employees | 113 |
Early History
EnviroSpark was founded in 2014 with a mission to increase the availability of electric vehicle charging infrastructure. The vision began with Aaron and Stephanie Luque's commitment to sustainability and the EV revolution. Initially, the company provided home charging solutions for Tesla owners in Atlanta, eventually diversifying into commercial and governmental sectors. Over the years, the company grew by forming strategic partnerships and focusing on quality service, propelling its reputation as a reliable provider of charging solutions.
Company Profile and Achievements
EnviroSpark operates in the EV industry, focusing on turnkey solutions that encompass site design, engineering, installation, and management of EV charging stations. Some notable achievements include:
- 2014: Founded with the mission to advance EV infrastructure and awareness.
- 2018: Expanded its network significantly, establishing over 8,500 charging ports by 2024.
- 2022: Awarded a federal contract by the GSA to install EV chargers across the Southeastern U.S.
- 2023: Secured a pivotal contract with Georgia Power to expand charging network accessibility in Georgia.
- 2024: Rapid growth through strategic investment, cementing its status as a key player in the EV sector.
Current Operations and Market Position
EnviroSpark is leveraging its expertise to expand its EV charging network across North America. By focusing on strategic partnerships and investing in technology, EnviroSpark enhances its competitive edge in the EV infrastructure market. The company continues to innovate its services and products to ensure efficient and sustainable charging solutions, maintaining its leadership as one of the most trusted names in the industry.
Conclusion
EnviroSpark Energy Solutions stands as a leading force in the electric vehicle charging landscape, driven by its founders' vision to promote sustainable transportation. With strategic partnerships, innovative products, and consistent market presence, EnviroSpark is well-positioned to continue its expansion across North America, contributing significantly to the EV ecosystem. As the industry grows, EnviroSpark's role in facilitating a low-carbon future remains pivotal.